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K92 Mining Inc. T.KNT

Alternate Symbol(s):  KNTNF

K92 Mining Inc owns and operates the high-grade Kainantu Gold Mine in Papua New Guinea which is currently operating at a design annualized production rate of approximately 120,000 oz AuEq per annum and is expected to produce at a run-rate of +300,000 oz AuEq per annum following its Stage 3 Expansion.


TSX:KNT - Post by User

Post by Monctonguyon Jul 28, 2020 11:15am
248 Views
Post# 31330728

Institutional Money

Institutional MoneyThe institutional money (ie; BMO) were on the conference call this am. There were about 8 insitutional guys who called in and and unknown number who were on the call, but only listened. Having listened to it fully I can tell you that eachj and every analysist who called in had nothing but praise and upbeat words to say. Institutional money is not like retail money and like most who are on this bull board. Upon careful analysis, these institutional guys gather withyin their own organizations and have heavy discussions about making an investment or cutting back. And they dont buy 50 or 100K worth. They load up, usually for a longterm play (not and in and out day-trader type) and purchase millions worth, sometimes 10's of millions. So, give this stock the better part of the next week or two and you will see the stock aggrevisely ramping up as the insitutional money bgins to pour in. As the stock gets eaten up by the weaker hands who sell and the guys who simply cash out from a nice gain, the stock due to limited shares being offered will rise considerably. I see KNT trading at $7-9 over the next 30 days. IMHO  
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